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Author Topic: Do you trust the market or the business owners?  (Read 4592 times)
cuttie018 (OP)
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August 30, 2019, 01:08:08 PM
 #1

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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August 30, 2019, 01:19:38 PM
 #2

the one that is under control of its developers (like Ripple, more or less)?
Why in the earth someone will like a centralized coin or project? The entire idea of crypto was decentralization. If you need a central hub then fiat is already there. :-P

Decentralization please.

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August 30, 2019, 06:33:57 PM
 #3

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

I am not fan of a centralized project but we can not deny the fact that we are in an open market. Everything is possible and the price is determined by the players, even though the developers own almost all of their coin but still, they can not control the price as their wish. Let's see Ripple for example, did you know how high is their target? but look at it right now, if there is no demand everything will be worthless.
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August 30, 2019, 07:37:45 PM
 #4

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
Centralized and decentralized projects will really be existing on this crypto market even the true essence of crypto is full decentralization but well we are already here where there are project owners whom do really target out even the opposite ones. Talking about on whats being asked, I don't trust any projects aside from bitcoin even on the top alts.
and speaking on price movement or future theres no one can able to predict such thing because community support or demand would always vary on a coins price.If there were no support then expect for its price to be low and as we have seen with Bitcoin where majorities confidence is on it that's why no matter how volatile it is we can really say that everybody does really prefer this coin.

R


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August 30, 2019, 07:48:15 PM
 #5

I do prefer decentralised coins, but I do like XRP as well, and I think it could be a major influence in moving crypto into the mainstream. This is the eventual aim after all, we all want crypto to succeed. I think at this early stage - and it is still early - we should look for any success we can get in moving towards mainstream.
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August 30, 2019, 08:03:22 PM
 #6

considering the currency under the control of its developer, which could also be referred to as Centralized currency,the value only exists with the control of the developer as the developer defines it,the developer is free to adjust the worth of that value to meet certain funding obligations or goals, many which may be at the detriment of the user. but the decentralized it more trusted as it is insulated from just any environmental policy.
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August 30, 2019, 09:17:04 PM
 #7

What is the purpose of investing or storing our money on cryptocurrency if, in the end, someone else is holding our own wealth as their wish?
there is no way we would let it right and I bet nobody is willing to do that either, we want to free ourself from the shackle and control our own wealth as our wishes.

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August 30, 2019, 09:58:58 PM
 #8

I invest where I can get the most profit.Bitcoin seems to me a suitable asset for this strategy.

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August 30, 2019, 10:14:12 PM
 #9

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

The answer is pretty obvious, people wanted to trade coins that are is nobody's control like Bitcoin. Nothing against Ripple, what we don't like centralised or bankers coin isn't it? Besides they have their own issue that up to this point are not resolved. So it's better to stick on a coin that it open and freely traded around the exchanges, wherein you don't know what will be the next price, and that is the beauty of it. Bitcoin trading is like a journey and others like it that way, IMHO.

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August 30, 2019, 10:16:01 PM
 #10

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
The most interesting part in crypto investment if we don't know what next, thus it preferred to be in investing decentralize coin than those coins that are being controlled by someone else. We can possibly get huge profits from decentralizing market if we are in the right timing, when to sell and when to buy.
But then, we need to be strategic trader otherwise, we still get nothing.
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August 30, 2019, 10:35:41 PM
 #11

Crypto is known to be decentralized and that's why it's being loved by the people. But if you are into those kind of coins that are centralized, no one stops you from liking them but my personal preference would be the first one that describes bitcoin.

I have invested and waiting patiently for bitcoin's rise again. I don't care on how long it will take until it goes back to the top as long as I know what I do and I trust bitcoin more than any other altcoins that are centralized.

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August 30, 2019, 11:27:55 PM
 #12

Trust more on bitcoin and the rest to be used to bet on the centralized coin.  Grin
I always go for bitcoin first as the truly decentralized crypto which has stable growth and decentralized as the main guarantee and then goes to the centralized crypto but it's not as ripple that is the truly centralized crypto and im still prefer investing in another centralized coin.

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August 30, 2019, 11:29:43 PM
 #13

Yes, we are in the decentralized form of the market but some of the coins around are being controlled by a group of people which will affect the price as well. Though we wanted to be fully in decentralized but they are part of crypto existence and yet they are performing well and help the market alive. Either we like it or not, we just have to accept it. In fact, many traders and investors are using this centralized coins, it is also profitable indeed.



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August 31, 2019, 04:38:18 AM
 #14

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
You should have change the title to “What do we choose Centralized currency or Decentralized”? Because it seems that those are the factor for choosing.
I prefer to still buy Bitcoin because I believe in privacy and not being controlled by anyone but us traders.
Government will always take a piece of cake in each time not like now that we are free to do everything  in our own control and nothing taken from us









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August 31, 2019, 02:13:18 PM
 #15

It seems to me that such a question is not needed on this forum. Most of those who come here opt for decentralization. And I choose that.
Of course, there are many projects (most on the Ethereum platform) whose assets are centralized. But this is still not comparable to BTC.

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August 31, 2019, 04:08:35 PM
 #16

Bitcoin is the spearhead of all crypto coins. So this coin will definitely continue to give surprises. As in this year that the price rises very sharply. I am always investing in Bitcoin and are always looking for centralized coins that have good potential for investing.

Speaking centralized coin, I think it can still generate great profits. Because this crypto is a very large industry and all the coins can have the potential to be a valuable coin.

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August 31, 2019, 05:00:10 PM
 #17

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

Of course, decentralized currencies like bitcoin and ethereum will be chosen by many of us because of their superiority in privacy, speed of transactions and other factors that make everyone hold and trust, Ripple is also a good currency for investment, But it is not as popular as the Bitcoin nor as its market value, and bitcoin makes double the investment profit for its holders, not like ripple and other currencies.

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September 01, 2019, 06:58:26 AM
 #18

I am not a fans of centralized nor decentralized. Because you ask about owner, of course i believe someone who responsibility of their project such as real project demo eervices or products. If it about market, sometimes i not really sure about the market. Because fast selling token periode on ICO or IEO doesn't mean that project is good. Many project claimed they got many investor but when start listing on exchange, their token/coin not have good volume.

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September 01, 2019, 10:28:26 AM
 #19

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

you have to be pretty mad to "invest" in any altcoins let alone in a centralized shitcoin like XRP that they only pump and dump for a short time.
for 10 years it has been proven that bitcoin is the only good thing to "invest" in because it has true potential that makes it go up in the long term.

altcoins are only good for short term and good for the day traders who participate in the pump and dumps for a short amount of time.

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September 01, 2019, 12:30:43 PM
 #20

Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

I would prefer something in between. That is, a Cryptocurrency, developers have no real powers over but has some sort of automated extreme price/dumping control system. Such system will protect the cryptocurrency from getting dumped and promote sustainable uptrends
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